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D’entrée de jeu, trois remarques s’imposent. En premier lieu, les recherches effectuées au cours des deux dernières décennies ont permis de mieux comprendre la dimension économique des mécanismes d’exclusion, du moins tels qu’on les connaît dans les villes nord-américaines. En...
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We investigate the role of spatial frictions in search equilibrium unemployment. For that, we develop a model of the labor market in which workers’ location in an agglomeration depends on commuting costs, the endogenous price of land and the value of job search and employment. We first show...
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Assuming that job search efficiency decreases with distance to jobs, workers’ location in a city depends on spatial elements such as commuting costs and land prices and on labour elements such as wages and the matching technology. In the absence of moving costs, we show that there exists a...
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